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Debate House Prices
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This is getting a bit tedious now....
Comments
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Surely the moment Germany announce they intend to leave the Euro the whole currency will go belly up? The Germans seem to be the main player when it comes to shoring up failed/failing economies in the Eurozone and I can't see them wanting to continue that if they are leaving.
Last one out please turn out the lights.All I seem to hear is blah blah blah!0 -
Devaluation is what the euro needs. The Germans have tried to run it like they ran the Deutschmark, and that's how they've wrecked the whole project. The rest of Europe needed a softer currency.Surely the moment Germany announce they intend to leave the Euro the whole currency will go belly up?"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
What's the betting that those inside the EU meetings were doing exactly the same?I bought shares while they were meeting - and sold when the shares went up after a deal was apparently reached - I will buy again in 3 days time at the bottom. You can make an absolute killing on the back of this stupidity."Never underestimate the mindless force of a government bureaucracyseeking to expand its power, dominion and budget"Jay Stanley, American Civil Liberties Union.0 -
Yeah, watch the rollercoaster! FTSE down again, nearly 3% this morning; DAX -4%; CAC -3.5%.There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0
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:sigh:
I'd nearly broke even on my shares again. Watched them increase for nearly 2 weeks. Just teetering on the edge, only 0.8% to go.
Wham, this morning, they fall over 10%.
Only a week ago, everything was sorted and the markets loved it. All of a sudden panic mode is back on and the end of the world is nigh. The euro is hell bent on making this problem even bigger every single time they "do something" about it.0 -
So in a nutshell, the leaders really know the Euro idea has failed, but have to be seen to make it work, seemingly regardless of everything!
If I understand this correctly, then the problem will continue whilst Greece and Germany share the same currency?0
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